I seriously doubt anyone here would consider signing up with Merrill Lynch Edge as their trading platform, but just in case you do……………...don’t! I already have accounts with several brokerages, but I intended to set up one with Merrill since it is linked to B of A. I won’t bore you with the details, but after two months – – two MONTHS – – of trying to set up a simple options account, I finally threw in the towel and gave them wiring instructions today to get my money back.
For me, the last straw was after the 4th time (yes, 4th time) of faxing (yes, faxing) my options agreement in, they rejected in once again because this time they claimed it didn’t have a “wet signature”. I assured them it was wet – – dripping wet – – but they claimed it was electronic. Even though I printed a form, filled it out by hand, and faxed it to them. So…………in my opinion, Merrill Lynch Edge sucks out loud, and I urge you to stay far, far away.